Report: Green Jobs Are Twice As Recession Resistant

A new report finds that California’s green jobs were twice as resilient during the recession of 2009. “From January 2009 through January 2010, the overall state economy lost 7 percent of its jobs,” according to nonprofit research group Next 10’s Many Shades of Green report. “During the same period, the core green economy — composed of businesses involved in renewable energy, clean-fuel cars, water conservation, emissions trading and more — suffered a 3% job loss,” the LA Times reports. “The report suggests that amid volatile prices and tight markets, green entrepreneurs and their products and services will become increasingly competitive. California’s strong foundation of environmentally focused innovation and research, as well as its early-adopter culture, will also help.”